15 September 2015

Energy101: Oil

By Sarah O. Ladislaw, Michelle Melton and Annie Hudson 
SEP 10, 2015 

Crude oil, a fossil fuel, is the most widely used energy source in the world, accounting for 31 percent of total primary energy demand in 2012. Crude oil’s global role is primarily due to its importance in the transportation sector: transportation accounts for almost two-thirds of global petroleum consumption. As a result, oil and the economy are intimately linked. 

No comments: